earnings
confidence high
sentiment positive
materiality 0.75
Varex reports record Q4 revenue $226M; Non-GAAP EPS $0.45; guides Q1 FY22 rev $200-220M
Varex Imaging Corp
2021-FY EPS reported
$0.43
revenue$818,100,000
- Q4 FY21 revenue $226M (record), up 7% sequentially and 33% YoY; Non-GAAP EPS $0.45 vs GAAP $0.20.
- FY21 revenue $818M, Non-GAAP EPS $1.31 vs GAAP $0.43; gross margin 33% GAAP, 35% Non-GAAP.
- Q1 FY22 guidance: revenue $200-220M, Non-GAAP EPS $0.20-0.40.
- Q4 cash from operations $51M; cash and equivalents $145M; completed $30M bond redemption during quarter.
- Strong demand in Medical and Industrial segments amid supply chain challenges.